Market surpasses 1,200 point threshold

Continuing the upward trend from the beginning of the session, the Vietnamese stock market opened up 3.63 points, trading around 1,200 points. The approaching resistance zone made investors excited and increased buying volume on the market, and the group of stocks with large capitalization simultaneously showed green.

Typically, the group of banking stocks with increases coming from industry giants such as VCB up 0.98%, BID up 1.7% or steel stocks such as HSG up more than 2%, NKG up 1%,... However, after the strong increase, the market immediately adjusted.

At the end of the morning session on July 26, VN-Index increased by 2.49 points, equivalent to 0.21% to 1,198.39 points. The entire floor had 179 stocks increasing, and 246 stocks decreasing. HNX-Index decreased by 0.89 points, equivalent to 0.38% to 236.04 points. UPCoM-Index increased by 0.02 points, equivalent to 0.02% to 88.6 points.

Impact of stocks on the general market.

In the afternoon session, the market expanded its upward momentum with the number of stocks increasing overwhelming the number of stocks decreasing. Foreign investors even cooled down their net selling and increased their buying volume by nearly VND 2,000 billion on HoSE again, with positive liquidity rising in the market.

At the end of the trading session on July 26, VN-Index increased by 4.94 points, equivalent to 0.41% to 1,200.84 points. The entire floor had 213 stocks increasing, 246 stocks decreasing and 64 stocks remaining unchanged.

HNX-Index decreased by 0.73 points, equivalent to 0.31% to 236.2 points. The entire floor had 74 stocks increasing, 100 stocks decreasing and 69 stocks remaining unchanged. UPCoM-Index increased by 0.02 points to 88.6 points. The VN30 basket alone recorded 14 stocks increasing in price.

Although VN-Index has surpassed the resistance zone, the divergence spread across all sectors. The group with the strongest increase of only 1.13% from construction stocks, typically REE increased by 3.98%, LGC increased by 6.57%, PC1 increased by 0.18%, TCD increased by 0.74%, HTN increased by 4.08%, etc.

Foreign investors return to strong net buying.

Next, it was the turn of the securities group that always went hand in hand with the market, for example, SSI increased by 0.69%, VND increased by 2.12%, VCI increased by 0.12%, VIX increased by 2.86%, MBS increased by 0.5%,... however, there were still stocks that had the opposite impact such as HCM, FTS, BSI, TVS, AGR, BVS,...

The total matched value in the session reached VND21,068 billion, down 8% compared to the previous session, of which the matched value on the HoSE floor alone reached VND17,951 billion, down 10% compared to the previous session. In the VN30 group, liquidity reached VND6,817 billion.

Foreign investors returned to net buying with a value of VND401.4 billion today, of which this group disbursed VND1,878.44 billion and sold VND1,477.05 billion.

The stocks that were bought heavily were mainly HPG 156 billion VND, KDH 72 billion VND, NVL 41 billion VND, VNM 38 billion VND, PVD 35 billion VND, SHS 35 billion VND, etc. On the contrary, the stocks that were sold heavily were KDC 157 billion VND, VIC 71 billion VND, CEO 43 billion VND, NLG 42 billion VND, etc.

Source: https://www.nguoiduatin.vn/thi-truong-vuot-nguong-cua-1200-diem-a618999.html